Qualcomm Names New Chief

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Don Clark and Joann D Lublin, Qualcomm Names New Chief. Wall Street Journal, Dec 14, 2013.
stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-405056/

Quote:

"The San Diego-based company said Steve Mollenkopf, Qualcomm’s 44-year-old president and chief operating officer [since 2011], was chosen Thursday as its next chief executive and will assume the title in March. He will succeed Paul Jacobs, 51, who has led the chip maker since 2005 and is the son of the company’s co-founder.

"Besides selling chips, nearly all handset makers pay Qualcomm a royalty for using its patents on communications technologies. Qualcomm’s market capitalization, at more than $120 billion, is the largest among semiconductor makers. Revenues rose 30% to $25 billion in the 12 months ended in September

"The company pioneered a technology called CDMA, for code-division multiple access, which held a minority position when cellular networks first went digital but was a technical foundation of third-generation networks. More recently, Qualcomm beat rivals to market with chips that handle the 4G technology known as LTE

Note:
(a) Intel's market capitalization was $120.75 billion at the close of Friday, Dec 13, 2013.
(b) LTE: an acronym for Long Term Evolution.
(c) "One of Qualcomm's popular products, known as Snapdragon, includes communications and calculating functions on one piece of silicon."

That is the definition of "system on a chip."

Snapdragon (system on chip)
en.wikipedia.org/wiki/Snapdragon_(system_on_chip)